Nearly half of U.S. physicians aren’t relying solely on their clinical salary. Whether driven by financial pressure or intellectual curiosity, a growing share of physicians are building nonclinical income streams through consulting, teaching and research. Here are six things to…
ASC Transactions & Valuation Issues
Physician practice closures aren’t slowing down. Bankruptcies climbed to their highest level in recent years in 2024 before easing somewhat in 2025. Becker’s tracked 23 physician practice closures in 2025. From a 30-location dermatology group that abruptly stopped paying its…
The share of practices owned by hospitals, health systems or other corporate entities surged from 39% to 59% between 2019 and 2023 alone. Physician employment by those same entities climbed from 62% to 78% over the same period, according to…
Running a fixed-price ASC is less a billing innovation than an operational discipline, according to Tom Valentine, the new president of Zionsville, Ind.-based WellBridge Surgical. Mr. Valentine, who joined the free-market ASC May 1 after roughly two months of preparatory…
Linwood, N.J.-based Connolly Dermatology offices across New Jersey, the Philadelphia area and Delaware have shuttered after employees say the practice stopped paying its staff, NBC Philadelphia reported May 28. Workers at many of the practice’s more than 30 locations stopped…
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Independent practice is struggling to survive in 2026, and the ASC industry is no different. Between 2019 and 2023, the share of independent physician practices owned by hospitals, health systems or other corporate entities jumped from 39% to 59%. Over…
After months of negotiations, Washington, D.C.-based George Washington University and King of Prussia, Pa.-based Universal Health Services reached a deal May 26 to restructure the university’s physician practice group arrangement. The deal transitions financial responsibility of GWU’s struggling physician practice…
The Federal Trade Commission has intensified its focus on healthcare-related regulation in accordance with President Donald Trump’s February 2025 executive order aimed at creating a “more competitive, innovative, affordable, and higher quality healthcare system.” Here are three recent moves by…
Basheer Alismail has built partnerships the hard way and learned what breaks them. As president of Capital Surgical Solutions, he oversees MSO operations, from ASC development to physician practice management. Mr. Alismail joined Becker’s to discuss why transparency about a…
From burn centers to labor and delivery units, hospitals and health systems across the country are pulling back on services, and in some cases, inpatient care entirely. At least six facilities have announced closures or conversions in the last months,…